Oman: Revenue of star hotels up 50% to $189.6mln

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Muscat – Revenues of 3- to 5-star hotels increased 50 per cent to RO73.4mn till the end of March this year, compared to RO48.9mn in the same period in 2022.

According to the latest figures of the National Centre for Statistics and Information (NCSI), the number of hotel guests in star hotels registered an increase of 25.6 per cent to 522,753 till March 2023, compared to 416,287 in March 2022, while occupancy rate was 56.4 per cent.

According to NCSI, In terms of number of guests, Omanis topped the list with 181,369, a decline of 1.5 per cent from 184,060. Guests from Oceania recorded the highest growth while Europeans were among the top nationalities that visited the sultanate till the end of March 2023.

The NCSI data shows that the number of visitors from Europe during this period witnessed a growth of 41.8 per cent – from 119,432 at the end of March 2022 – to 169,334 till the end of March 2023, followed by Asian guests whose number grew by 53.4 per cent to 64,686 from 42,157.

The number of guests from Oceanian countries was 12,558 registering an increase of 210.2 per cent compared to the same period in 2022, while the number of guests from GCC and other Arab countries was 33,021 and 21,639 respectively, growing by 30.9 per cent and 38.1 per cent respectively.